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Jan 23, 2013
01/13
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KQED
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remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is it the kind of fight the republicans want to have to redefine themselveses? >> i think they do. gwen, i think you have to know when to hold them and know when to fold them. yes, the republicans folded on this wise wisely. finally, i think they got some smart on this. you have to pick your fights. they need a breather now. they've been on the defense for a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government. and fight on future spending, not on obligations already incur. >> ifill: in the inaugural address this week
remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is it the kind of fight the republicans want to have to redefine themselveses?...
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Jan 20, 2013
01/13
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FBC
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ceiling, every country, greece hit theirs and that's the debt ceiling your credit card limit goes up all the time when you can handle more borrowing, higher income, paying off well. our limit would go up with gdp, know the arbitrary limit set by congress and no gdp indications and other countries have debt limits, that are tied to the economy and makes more sense than what we do. >> we could just print money. >> jonas, i like when you have a credit card and your limit goes up, you can't say oh, my limit went up and going to go downstairs in the basement and print more money which is what our govement does. you actually have to pay someone back when you raise your credit card limit, eventually. and we're not doing that. >> brenda: todd, go ahead. >> and those are the long-term implications, guys, i get it. you're absolutely right. you can't get washington a blank check. however, right now, with the current state of the economy, 25% of all growth is coming from the government anyway and you have to raise this limit. if you don't get rid of at debt ceiling right now, guys, do you have a
ceiling, every country, greece hit theirs and that's the debt ceiling your credit card limit goes up all the time when you can handle more borrowing, higher income, paying off well. our limit would go up with gdp, know the arbitrary limit set by congress and no gdp indications and other countries have debt limits, that are tied to the economy and makes more sense than what we do. >> we could just print money. >> jonas, i like when you have a credit card and your limit goes up, you...
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Oct 16, 2013
10/13
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ALJAZAM
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we have raised the debt ceiling every year since 1979. so it was just politics. and we knew they wouldn't take us over the cliff it was too critical. we have a big bond auction tomorrow, $100 billion. if that were to fail it would be total havoc. halloween we have a huge debt due, so there was no way this was going to continue. that's why you never really saw the market fall off. we felt all along it was just politics playing it's a out, which was just drama, and it would work out. >> thank you very much indeed. that is alan valdez from dmv securities. dell back to you. >> john thank you very much. >>> and your guest may have been ahead of himself a little bit. they have not done exactly what he said they have done, but we are expecting them to do it. >>> markets in europe and asia also reacting to the situation? washington. phil joins live in london. how are the european and asian markets reacting to possible news in the senate? >> reporter: well, they haven't really been shook too hard by this. there is a general sense that as you heard on wall street, there's
we have raised the debt ceiling every year since 1979. so it was just politics. and we knew they wouldn't take us over the cliff it was too critical. we have a big bond auction tomorrow, $100 billion. if that were to fail it would be total havoc. halloween we have a huge debt due, so there was no way this was going to continue. that's why you never really saw the market fall off. we felt all along it was just politics playing it's a out, which was just drama, and it would work out. >>...
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every few days the ongoing political uncertainty over the budget over the debt ceiling does not help the government shutdown is bad enough but phil you to raise the debt ceiling would be far worse. and could very seriously damage not only the u.s. economy but also the entire global economy. in the meantime in less than two weeks america will run out of money unless lawmakers agree to raise the debt ceiling the failure will lead to devastating effects warning from the u.s. treasury department's predicting an unprecedented default with catastrophic consequences with the collapse of the american economy sending shock waves across the globe and doing with the financial crisis and recession was the two thousand and eight meltdown. the u.s. government shutdown is taking its toll on the president's plans as well was barack obama forced to cancel a trip to asia and mr summits the federal stoppage as place hundreds of thousands of workers on paid leave is costing the american economy at least three hundred million dollars every day hitting businesses and consumer confidence qantas leaving fro
every few days the ongoing political uncertainty over the budget over the debt ceiling does not help the government shutdown is bad enough but phil you to raise the debt ceiling would be far worse. and could very seriously damage not only the u.s. economy but also the entire global economy. in the meantime in less than two weeks america will run out of money unless lawmakers agree to raise the debt ceiling the failure will lead to devastating effects warning from the u.s. treasury department's...
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Oct 13, 2013
10/13
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FOXNEWSW
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ceiling, every newspaper in the country, every tv show would be talking about obama care. now it's the story in "the times," but it isn't the central issue it could be or should be. >> let me go back to this point, eventually people should pay prices for being stupid. the republican strategy -- >> they might in the election, pat. >> defunding, allowing the democrats to escape if they had done what we said on "political insiders" for months, go after the irs and go after the delay and force democrats and get out of it by october 1st. they would have -- we would have a whole different political world instead of riding into this canyon. >> i mention the story in "the new york times" is that right? >> it is right, and i read that very carefully, most of the candidates running for the senate for the republicans next year come from the house of representatives, and this thing that we're talking about is hurting them back in their state. >> a year and a month from now people aren't even going to remember the government shutdown, are they? >> yes, they are. >> you know what they a
ceiling, every newspaper in the country, every tv show would be talking about obama care. now it's the story in "the times," but it isn't the central issue it could be or should be. >> let me go back to this point, eventually people should pay prices for being stupid. the republican strategy -- >> they might in the election, pat. >> defunding, allowing the democrats to escape if they had done what we said on "political insiders" for months, go after the irs...
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Oct 8, 2013
10/13
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MSNBCW
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every major spending reduction deal of the last 30 years has been done with the debt ceiling. the president is the one that is saying he wants to change that trend, and do this entire debt ceiling proposal without any efforts. >> with all due respect sir, the democrats have come down to about the paul ryan spending number. what you just talked about, the compromises you want, are still on the affordable care act, which are not about spending. that is a settled policy. you're still tying the affordable care act to raising the debt ceiling. you just did it. >> no, i mean, i -- you're -- i'm not -- we've got two issues here. the continuing resolution, the proposals i talked to about the affordable care act are connected with the continuing resolution. what i've told you with the debt ceiling is that we ought to focus on bringing spending reductions to the table like we have done with every major -- every president over the last 30 years. we ought to do it now, too. frankly, i think, though, it's way bigger than that for america. we're at a point now where the president and harry
every major spending reduction deal of the last 30 years has been done with the debt ceiling. the president is the one that is saying he wants to change that trend, and do this entire debt ceiling proposal without any efforts. >> with all due respect sir, the democrats have come down to about the paul ryan spending number. what you just talked about, the compromises you want, are still on the affordable care act, which are not about spending. that is a settled policy. you're still tying...
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Oct 18, 2013
10/13
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MSNBCW
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he put him in charge of getting everybody to vote to raise the debt ceiling every time they needed to. josh green wrote about this week at "bloomberg businessweek." now, the way that system worked, it was a two-step process for congress. first, they'd stop to pass a budget. then they would have a separate second vote they would have to take to raise the debt ceiling in order to accommodate all of that spending the they just voted more if these were two separate votes. number one, do you want to buy this stuff, and number two, do you want the money to pay for that stuff you said you would just buy. in 1979, in charge of getting that second really annoying vote, dick gephardt said, let's not do this anymore. this is a terrible job. everybody wants to spend the money, but nobody wants to raise the debt ceiling to get the money to pay for it. so what we're going to do, when we have the first vote. when we pass the budget saying how much we want to spend on stuff, we are just going to say the second vote happened too. we will just deem implicitly that the debt ceiling has also risen by tha
he put him in charge of getting everybody to vote to raise the debt ceiling every time they needed to. josh green wrote about this week at "bloomberg businessweek." now, the way that system worked, it was a two-step process for congress. first, they'd stop to pass a budget. then they would have a separate second vote they would have to take to raise the debt ceiling in order to accommodate all of that spending the they just voted more if these were two separate votes. number one, do...
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Dec 18, 2013
12/13
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CSPAN
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eye 54
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every time the career politicians in the town figure out a way to increase the debt ceiling. fact, you did the 1.0% role that has been posed and you cut the budget by 1.0% every year, in 10 years you would have a balanced budget and you would not have to increase the debt ceiling. that does not say anything about reform to the taxpayer. i have not voted for a debt ceiling increase because i do not feel it is honest with the american people. it is meaningless. we should not spend money we do not have. we ought not to spend that money because all we're doing is increasing the standard of living of the president upcoming generation. -- present, upcoming generation. , and weion in spending should be able to find 1, 2, 3, 4%. the othereven include thing that reasonable people with any common sense and work history would say, that is not good value. that is not why spending. , where ison is everybody else asking these questions as we continue to borrow ourselves into oblivion. billion, think about that. required ofg to be his country just to service that $700 billion? to me, this i
every time the career politicians in the town figure out a way to increase the debt ceiling. fact, you did the 1.0% role that has been posed and you cut the budget by 1.0% every year, in 10 years you would have a balanced budget and you would not have to increase the debt ceiling. that does not say anything about reform to the taxpayer. i have not voted for a debt ceiling increase because i do not feel it is honest with the american people. it is meaningless. we should not spend money we do not...
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Oct 18, 2013
10/13
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KQED
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which is defensible in the context of history because every president has negotiated on the debt ceiling. he served on the senate. he knows the only time the senate acts is when there's a pressure point when the congress acts there's a pressure point. pressure points are almost always things like continuing resolutions, debt ceilings or recesses. >> rose: i'm not here to defend him because i believe it's better to engage than not engage. at the same time wasn't he engaged, wasn't he on the phone with everybody, wasn't he doing things. he was the like playing golf. there was a trip that was damaging to the united states. >> and he did call people down at the white house to talk but he didn't take the next step. there was a group, in my, this is where i think the failure occurred. first it occurred on our side by allowing the wrong people to have the microphone. secondly, there was a working group in the senate which who could have produced a package along the lines of simpson-bowles or a ryan proposal but they never received the support they needed from the whitehouse to do that because t
which is defensible in the context of history because every president has negotiated on the debt ceiling. he served on the senate. he knows the only time the senate acts is when there's a pressure point when the congress acts there's a pressure point. pressure points are almost always things like continuing resolutions, debt ceilings or recesses. >> rose: i'm not here to defend him because i believe it's better to engage than not engage. at the same time wasn't he engaged, wasn't he on...
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every president negotiated on debt ceilings. every president negotiated on crs. there is nothing new or exciting here. we had the national parks open during the period of these crisis when carter was the president and they passed a law when clinton had his fight with gingrich to make sure the parks were open. this president is taking a different approach but can't argue it's unprecedented. what he's going to do and what he said today he's finally going to do since the threats haven't worked is sit down and cut a deal. we need to do something to restrain spending more while we also raise the debt to pay the additional money that the president and obama care have put us into. so we need to take a look and decide how do we reform some of this over spending? we now know the new study that roy did out with forbes in manhattan institute, the cost, the average cost of obama care will be 99% higher than what it used to be for young men a year ago and 62% for women. obama care is raising the cost for the individual market, not reducing it. we need to perhaps think about d
every president negotiated on debt ceilings. every president negotiated on crs. there is nothing new or exciting here. we had the national parks open during the period of these crisis when carter was the president and they passed a law when clinton had his fight with gingrich to make sure the parks were open. this president is taking a different approach but can't argue it's unprecedented. what he's going to do and what he said today he's finally going to do since the threats haven't worked is...
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Oct 9, 2013
10/13
by
CNNW
tv
eye 29
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every president negotiated on debt ceilings. every president negotiated on crs. there is nothing new or exciting here. we had the national parks open during the period of these crisis when carter was the president and they passed a law when clinton had his fight with gingrich to make sure the parks were open. this president is taking a different approach but can't argue it's unprecedented. what he's going to do and what he said today he's finally going to do since the threats haven't worked is sit down and cut a deal. we need to do something to restrain spending more while we also raise the debt to pay the additional money that the president and obama care have put us into. so we need to take a look and decide how do we reform some of this over spending? we now know the new study that roy did out with forbes in manhattan institute, the cost, the average cost of obama care will be 99% higher than what it used to be for young men a year ago and 62% for women. obama care is raising the cost for the individual market, not reducing it. we need to perhaps think about d
every president negotiated on debt ceilings. every president negotiated on crs. there is nothing new or exciting here. we had the national parks open during the period of these crisis when carter was the president and they passed a law when clinton had his fight with gingrich to make sure the parks were open. this president is taking a different approach but can't argue it's unprecedented. what he's going to do and what he said today he's finally going to do since the threats haven't worked is...
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Jan 19, 2013
01/13
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CNNW
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eye 144
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in the last ten years alone we've raised the debt ceiling every year with the exception of one. america's concerns about the federal budget deficit and government dysfunction rose high enough in january to actually knock unemployment out of the top spot on gallup's list of most important problems for the first time since 2009. i want to bring in a man who's played a leading role in actually passing budgets through all parts of the budget process. he was the chairman of the house budget committee. jim nuss el guided six budgets through congress, served as the director of the office of budget and management. his nickname is knuckle, which is pretty cool. from 2001 to 2007 you were the house budget chief. today that job belongs to paul ryan. why were we able to get budgets done when you ran things and can't do it anymore? try not to give me a particularly political or partisan answer. >> it's all personal ability, of course, right? no. look. these are good people trapped in a very difficult if not terrible situation. with a process they're not even using anymore. you went through a
in the last ten years alone we've raised the debt ceiling every year with the exception of one. america's concerns about the federal budget deficit and government dysfunction rose high enough in january to actually knock unemployment out of the top spot on gallup's list of most important problems for the first time since 2009. i want to bring in a man who's played a leading role in actually passing budgets through all parts of the budget process. he was the chairman of the house budget...
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Dec 20, 2013
12/13
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BLOOMBERG
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eye 81
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ceiling increase every time the president asks us to raise the debt ceiling. early in 2014, expect washington to be back in crisis mode. still ahead, new auto safety rankings out today. we will tell you about some new technology that is a major game changer in the auto industry. we will break down the numbers when "bottom line" on bloomberg television continues in just a moment. ♪ >> welcome back to the second half-hour of "bottom line." i am mark crumpton in new york. thanks for staying with us. let's check where the markets finished this session and we hit the bottom of the hour. up. stock indexes ended ready much where they started after a powerful surge on wednesday following the fed news that it would begin reducing its bond buying programs. broader market s&p 500 was down one point at 1809. the dow jones industrial average falling -- excuse me, rising 11 points. the nasdaq composite index, it felt almost a third of a percent at 4058. let's check some of the top stories we're following at this hour. the sales of previously owned u.s. homes dropped for t
ceiling increase every time the president asks us to raise the debt ceiling. early in 2014, expect washington to be back in crisis mode. still ahead, new auto safety rankings out today. we will tell you about some new technology that is a major game changer in the auto industry. we will break down the numbers when "bottom line" on bloomberg television continues in just a moment. ♪ >> welcome back to the second half-hour of "bottom line." i am mark crumpton in new...
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Oct 14, 2013
10/13
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FBC
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ceiling every time the market has sold off a bit, there's been a bid. so there's really never been a derisking trade going on. there hasn't been a lot of short selling, there's always a bid on stocks. so we certainly believe that the market beliefs it and, quite frankly, we think the results would be untenable so, yes, we do think a deal will take place. liz: you folks have about seven billion in assets under management, so if you were an optimistic about this, last time you were here you really liked unilever, but let's move on to your new names, and you have got two funds, the touchstone small cap and the oppenheimer developing markets fund. let's start with the small caps. you're a believer right now in those, whysome. >> yes, liz. we like small cap domestic for a firm of reasons. one, we with think the valuations are very attractive and the growth prospects, certainly, are there. secondly, in the low interest rate environment we think the fed will keep rates low, notwithstanding the tapering issue, and we think short-term rates are low, short-term i
ceiling every time the market has sold off a bit, there's been a bid. so there's really never been a derisking trade going on. there hasn't been a lot of short selling, there's always a bid on stocks. so we certainly believe that the market beliefs it and, quite frankly, we think the results would be untenable so, yes, we do think a deal will take place. liz: you folks have about seven billion in assets under management, so if you were an optimistic about this, last time you were here you...
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the purpose of having a debt ceiling if we raise it every time we get to it because nobody wants to vote to eliminate the debt ceiling because they want to pretend that they care about the debt but everybody wants to increase it because they don't want to cut any spending but if you want to look at the markets if the markets are selling off on the false crisis that we might not increase the debt ceiling clearly there's opportunities because we know they're going to increase the debt ceiling but ultimately the biggest crisis not it doesn't come because we fail to raise the debt ceiling but because we do raise it and we repeatedly raise it and that's why the country is broke i think because there actually is some talk about kind of getting rid of the debt limit i mean even if the president were to use the fourteenth amendment solution as speaker the house nancy pelosi has suggested he should do that would kind of by the fall get rid of the debt limit but one last question here about a month ago a baby panda was born at the national zoo we're in these critical first one hundred days th
the purpose of having a debt ceiling if we raise it every time we get to it because nobody wants to vote to eliminate the debt ceiling because they want to pretend that they care about the debt but everybody wants to increase it because they don't want to cut any spending but if you want to look at the markets if the markets are selling off on the false crisis that we might not increase the debt ceiling clearly there's opportunities because we know they're going to increase the debt ceiling but...
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112
Dec 17, 2013
12/13
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CSPAN2
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eye 112
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every major deficit reduction package of the generation has been attached to a debt ceiling. budget enforcement even today's budget control act, every president in your lifetime and my lifetime has negotiated on a debt ceiling, capable staff research the issue. the debt ceiling tends to be the early warning system that spending is out of control yet on september 15th the president took the unprecedented and radical action of stating, quote, i will not negotiate on the debt ceiling. is it the position of this administration that if congress does not repeal the debt ceiling that -- and allow the president to spend what he wishes, he is threatening default on the sovereign debt? >> mr. chairman, i disagree with your characterization of the debt ceiling as an early-warning. it is at the very end. all the decisions congress makes in the budget is making today, all the decisions congress makes on entitlement programs and tax policies determines -- >> my time is almost. are you aware of any other president in our lifetime who has taken the radical position of stating that he will no
every major deficit reduction package of the generation has been attached to a debt ceiling. budget enforcement even today's budget control act, every president in your lifetime and my lifetime has negotiated on a debt ceiling, capable staff research the issue. the debt ceiling tends to be the early warning system that spending is out of control yet on september 15th the president took the unprecedented and radical action of stating, quote, i will not negotiate on the debt ceiling. is it the...
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Jan 21, 2013
01/13
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KCSMMHZ
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seems to be working for the debt ceiling debate. expect every major issue in the coming months and years to be a major campaign style event. >> obviously it sounds like there will be a lot of focus domestic issues. what about foreign policy? >> history shows us that presidents in their second term focus more on foreign policy than the first term and try to forge a legacy. bill clinton did that in his second term. barack obama will try to focus more on the middle east, maybe more on syria. the most pressing issues are domestic. his voters expect him to act on that. he will attack in the first two years. history also tells us after the midterm election of a second term president start to fade away into sort of a lame duck status. >> interesting analysis there. thank you very much, max. in more international news suicide bombers and gunmen attacked afghanistan's travel police leaving three officers dead and more than three wounded. rather assault began at dawn at the entrance to the complex, the second coordinated raid in as many weeks
seems to be working for the debt ceiling debate. expect every major issue in the coming months and years to be a major campaign style event. >> obviously it sounds like there will be a lot of focus domestic issues. what about foreign policy? >> history shows us that presidents in their second term focus more on foreign policy than the first term and try to forge a legacy. bill clinton did that in his second term. barack obama will try to focus more on the middle east, maybe more on...
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150
Jan 21, 2013
01/13
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LINKTV
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eye 150
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seems to be working for the debt ceiling debate.at expect every major issue in the coming months and years to be a major campaign style eve. >> obviously it sounds like there will be a lot of focus domestic issues. what about foreign policy? >> history shows us that presidents in their second term focus more on foreign policy than the first term and try to forge a legacy. bill clinton did that in his second term. barack obama will try to focus more on the middle east, maybe more on syria. the most pressing issues are domestic. his voters expect him toct on that. he will attack in the first two years. history also tells us after the midterm election of a second term president start to fade away into sort of a lame duck status. >> interesting analysis there. thank you very much, max. in more international news suicide bombers and gunmen attacked afghanistan's travel police leaving three officers dead and more than three wounded. rather assault began at dawn at the entrance to the complex, the second coordinated raid in as many weeks. taliban claim responsibility. it is feared there cou
seems to be working for the debt ceiling debate.at expect every major issue in the coming months and years to be a major campaign style eve. >> obviously it sounds like there will be a lot of focus domestic issues. what about foreign policy? >> history shows us that presidents in their second term focus more on foreign policy than the first term and try to forge a legacy. bill clinton did that in his second term. barack obama will try to focus more on the middle east, maybe more on...
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Sep 27, 2013
09/13
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FOXNEWSW
tv
eye 54
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every president since before roosevelt has had a debt ceiling increase every year by the congress. none of them put anything on it except an increase of the debt ceiling. >> if a senator doesn't support them, what do you say about them? >> when obama said what he said about bush he was posturing, running for office. i don't want to increase the debt court of appeal ing. it's bad for the country, it's all politics. >> why shouldn't the republicans hold the line and say, fine, you get the debt ceiling increased but we want me sures so we don't have trillion dollar deficits. >> after what happened the last time they had the showdown the base ex expect s it and are demanding it. if republicans have a hope of winning, they have to stand firm. they can't cave again. we are having this food fight over tactics. the goals are the same. marco rubio said that. our goals are the same. we are a member of the same party shooting inside the tent. but the tactics are the issue. the tactics should be united on this one. i think boehner is right. we should unite around him, have a united front and n
every president since before roosevelt has had a debt ceiling increase every year by the congress. none of them put anything on it except an increase of the debt ceiling. >> if a senator doesn't support them, what do you say about them? >> when obama said what he said about bush he was posturing, running for office. i don't want to increase the debt court of appeal ing. it's bad for the country, it's all politics. >> why shouldn't the republicans hold the line and say, fine,...
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Sep 28, 2013
09/13
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KCSM
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eye 71
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having a debt ceiling if we raise it every time we get to it as nobody wants to vote to eliminate the debt ceiling because they want to pretend they care about the debt but everyone wants and increase. if you want to look at the markets if the markets are selling off on the false crisis that we might not increase the debt ceiling, there is opportunities because we now they're going to increase the debt ceiling but ultimately, the biggest crisis does not come because we failed to raise the debt ceiling but because we do raise it and we repeatedly raise it and that is why the country is rogue. >> there is some talk about getting rid of the debt limit. even if the president were to use the 14th amendment solution as speaker nancy pelosi has suggested he do. that would by default get rid of the debt limit. about a month ago a baby panda was born at the national zoo. we are in these critical 100 days and we did not even name the panda. it would cut the time and risk the panda. have you no heart? >> the government has the money they collect in taxes which is still over $2 trillion year. i a
having a debt ceiling if we raise it every time we get to it as nobody wants to vote to eliminate the debt ceiling because they want to pretend they care about the debt but everyone wants and increase. if you want to look at the markets if the markets are selling off on the false crisis that we might not increase the debt ceiling, there is opportunities because we now they're going to increase the debt ceiling but ultimately, the biggest crisis does not come because we failed to raise the debt...
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Oct 11, 2013
10/13
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CSPAN
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eye 86
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down.t hurt from the top raise the debt ceiling. every member of congress lose $10,000 of pay. i think everybody will start working together for the better of the country. guest: that is an idea, philip. those role excuses for congress not doing its job. we got elected and campaign about how we can get a job in washington. recognizing the wide philosophical differences between the tea party and the republican party, we still have an obligation to get our job done. you can't withhold all the pay and still not get the job done. i do not think that is good for the country. we have to understand our obligations here. people have simplified -- it doesn't mean anything if the government is shut down. oh, yes, it does. these things are important to running the country. we can debate these projects and make sure they are working and efficient and are cost-efficient for the taxpayers. it is the denial of american history. there is a new book that points out that in the iphone that so when people love, the seven major features that allow the iphone to function in the manner it does -- it
down.t hurt from the top raise the debt ceiling. every member of congress lose $10,000 of pay. i think everybody will start working together for the better of the country. guest: that is an idea, philip. those role excuses for congress not doing its job. we got elected and campaign about how we can get a job in washington. recognizing the wide philosophical differences between the tea party and the republican party, we still have an obligation to get our job done. you can't withhold all the pay...
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Dec 17, 2013
12/13
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CSPAN
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eye 94
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it is a lie when people say there is a debt ceiling. every time the career politicians in this town to greta way to get it through -- figure out a way to get it through. if you did it, in 10 years you would have a balanced budget. he you would not have to raise the deficit anymore. i have not voted for the debt ceiling increase because it is not honest with the american people. it is meaningless. we ought not to spend money we do not have. the reason we ought not to spend the money is because all we're doing is decreasing the standard of living of the present generation. in $3 trillion worth ofspending,, we can find four percent that is wasteful. all we did was put up his book trade -- book. i didn't even include a lot of the reasonable things that most people with real work history would say that is not good value. that is not why spending. where is everybody asking the questions as we continue to borrow ourselves into oblivion. $700 billion deficit. think about that and what is going to be required of the young people. they are going
it is a lie when people say there is a debt ceiling. every time the career politicians in this town to greta way to get it through -- figure out a way to get it through. if you did it, in 10 years you would have a balanced budget. he you would not have to raise the deficit anymore. i have not voted for the debt ceiling increase because it is not honest with the american people. it is meaningless. we ought not to spend money we do not have. the reason we ought not to spend the money is because...
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142
Dec 18, 2013
12/13
by
BLOOMBERG
tv
eye 142
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house or the the senate is willing to give the president a clean debt ceiling increase. every time the president asks us to do that is a good time to try to achieve something important for the country. so with one battle almost out of the way, a new one is gearing up. democrats have no plans to negotiate over the debt limit. republican lawmakers are discussing when they hope to get out of it. february 7 is when the debt ceiling suspension negotiated in october shutdown deal expires. expect another showdown then. >> yang yang in washington. the current congress is on its way to establishing a new record, one that it cannot be proud of. congress is going to have its least productive year ever with 57 laws enacted so far. the former record low was 88. phil mattingly has more on what is being called the do-nothing congress. historic. that is the most accurate way to describe the inaction in congress. this group will clear the fewest number of loss in history. congress third time has cleared fewer than 100 laws and marks a new law for the five years president obama has been i
house or the the senate is willing to give the president a clean debt ceiling increase. every time the president asks us to do that is a good time to try to achieve something important for the country. so with one battle almost out of the way, a new one is gearing up. democrats have no plans to negotiate over the debt limit. republican lawmakers are discussing when they hope to get out of it. february 7 is when the debt ceiling suspension negotiated in october shutdown deal expires. expect...
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80
Oct 7, 2013
10/13
by
CSPAN
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eye 80
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need a continuing resolution or the debt ceiling, here will be an expectation of reward. now, this is not the end of the process. this is just the beginning. we're just talking about a six week continuing resolution two. weeks from now, we'll have the debt ceiling. four weeks after that, we'll be at the end of the six-week period if we can reopen the government. they will be asking for things. now the fact is the problem that we have is a recent article in "nation" magazine, they revealed the strategy of the republicans. they made a list of the kinds of things they will be looking for in the continuing resolution, the debt ceil, every time there's an opportunity to shut down the government, and here's the list. they want to undermine obamacare. keystone pipeline. offshore drilling. corporate tax cuts. business oriented tort reform. sabstadge -- sabotage social security and medicare. undermine clean air, e.p.a. regulations. cut back on consumer protections. and end net neutrality on the internet. now, i suppose that after they've got their list they'll say, well, we'll be
need a continuing resolution or the debt ceiling, here will be an expectation of reward. now, this is not the end of the process. this is just the beginning. we're just talking about a six week continuing resolution two. weeks from now, we'll have the debt ceiling. four weeks after that, we'll be at the end of the six-week period if we can reopen the government. they will be asking for things. now the fact is the problem that we have is a recent article in "nation" magazine, they...
67
67
Oct 7, 2013
10/13
by
CSPAN2
tv
eye 67
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we have submitted to them that after they pass that in the debt ceiling, every single thing is on the table. you know, i was thinking the other day if you're a teacher and you get hired in a school and the school opens for work at 9:00 every morning, you have to be in the classroom at 9:00 in the morning in order to keep your job. if you weren't in your classroom at 9:00 in the morning and you decided i don't really want to show up, i want to do something different, i want to change the rules. i don't like 9:00. i'd like to come in at 11:00, you would be fired. well, our job is to keep the government running and to pay the bills we've incurred. we don't get to pick and choose or decide what all of a sudden the middle -- all of a sudden in the middle of everything we're going to cancel out a law that passed three and a half years ago. this is so bad that the republican candidate for governor in virginia has said stop it, open up the government, and then debate health care. the good news is speaker boehner could change his mind, bring our bill up in a few minutes' time. i know how it wo
we have submitted to them that after they pass that in the debt ceiling, every single thing is on the table. you know, i was thinking the other day if you're a teacher and you get hired in a school and the school opens for work at 9:00 every morning, you have to be in the classroom at 9:00 in the morning in order to keep your job. if you weren't in your classroom at 9:00 in the morning and you decided i don't really want to show up, i want to do something different, i want to change the rules....
111
111
Oct 16, 2013
10/13
by
WJZ
tv
eye 111
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ceiling strip every seven presenting america's first default. senate republicans still about to roll back obamacare. >> the hope is to reopen the government and avoid default. >> ted cruz objected. >> the deal that has been cut provides no relief to the millions of americans who are hurting because of obamacare. >> to party house republicans conceded defeat this time. >> anytime you stand up for the american people it is worth it. if the teajim jordan party would threaten to fall the robot care in february when today's debt ceiling deal runs out. wrecks we could do this fight again. >> that is unlikely but what i do think we're going to do is make those arguments. >> all caps did not gloat. >> there and -- there are no winners. ahead to theoked next round. ballot overnother i the budget. here is a factoid for you. republican majorities have raised the debt ceiling 40 times and the regrets 24 times. see more history on our website. >> the long-standing lawsuit against baltimore city is finished 10 years after a protest against the iraq war. city
ceiling strip every seven presenting america's first default. senate republicans still about to roll back obamacare. >> the hope is to reopen the government and avoid default. >> ted cruz objected. >> the deal that has been cut provides no relief to the millions of americans who are hurting because of obamacare. >> to party house republicans conceded defeat this time. >> anytime you stand up for the american people it is worth it. if the teajim jordan party would...